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SigmaTron International, Inc. Announces James J. Reiman Has Been Appointed Chief Financial Officer

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On November 9, 2021, SigmaTron International, Inc. (NASDAQ: SGMA) announced the appointment of James J. Reiman as Chief Financial Officer, succeeding Linda K. Frauendorfer after her retirement following a 30-year tenure. Reiman brings substantial experience in senior finance roles and international business. CEO Gary R. Fairhead expressed confidence in Reiman's capabilities to support the company's growth. SigmaTron specializes in electronic manufacturing services and operates facilities across the U.S., Mexico, China, and Vietnam.

Positive
  • Appointment of James J. Reiman as CFO, enhancing leadership.
  • Reiman has extensive experience in finance and international business.
Negative
  • Retirement of long-term CFO Linda K. Frauendorfer may introduce transition risks.

ELK GROVE VILLAGE, Ill., Nov. 09, 2021 (GLOBE NEWSWIRE) -- SigmaTron International, Inc. (NASDAQ: SGMA), an electronic manufacturing services (“EMS”) company (the “Company”), announced that James J. Reiman has been elected Chief Financial Officer (“CFO”), Vice President Finance, Treasurer and Secretary of SigmaTron International, Inc. As previously reported on August 20, 2021, Linda K. Frauendorfer announced her retirement as CFO after a 30 year career with the Company.

Mr. Reiman has extensive experience in senior finance roles, manufacturing, international business and SEC reporting. “On behalf of the Board of Directors and the SigmaTron team, I want to welcome Jim to SigmaTron. His experience will assist the Company as it grows and expands,” said Gary R Fairhead, Chief Executive Officer of SigmaTron.

About SigmaTron International, Inc.

Headquartered in Elk Grove Village, Illinois, SigmaTron International, Inc. is an electronic manufacturing services company that provides printed circuit board assemblies and completely assembled electronic products. SigmaTron International, Inc. operates manufacturing facilities in Elk Grove Village, Illinois; Acuna, Chihuahua, and Tijuana Mexico; Union City, California; Suzhou, China, and Biên Hòa City, Vietnam. SigmaTron International, Inc. maintains engineering and materials sourcing offices in Elgin, Illinois and Taipei, Taiwan.

Forward-Looking Statements

Note: This press release contains forward-looking statements, including statements regarding executive officers and succession planning. The forward looking statements in this press release are based on information available at the time the statements are made and/or management’s believe as of that time of the press release with respect to future events.

For Further Information Contact:
SigmaTron International, Inc.
Gary R. Fairhead
1-800-700-9095


FAQ

Who is the new CFO of SigmaTron International, Inc. (SGMA)?

James J. Reiman has been appointed as the new CFO of SigmaTron International, Inc.

When did SigmaTron announce the CFO transition?

SigmaTron announced the CFO transition on November 9, 2021.

Why did Linda K. Frauendorfer retire from SigmaTron?

Linda K. Frauendorfer retired after a 30-year career with SigmaTron.

What company is SigmaTron International, Inc. (SGMA) involved with?

SigmaTron International, Inc. is involved in electronic manufacturing services.

What experience does James J. Reiman bring to SigmaTron (SGMA)?

James J. Reiman brings extensive experience in senior finance roles and international business.

Sigmatron International Inc

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Electronic Components
Printed Circuit Boards
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United States of America
ELK GROVE VILLAGE